8402 Margo Road

Lanham, MD
$ 489,900 Beds 4 Baths 2.5 Sq 1,980
Monthly Estimate* How much can I afford?

Spacious 4 bedroom/2.5 bath ONE OWNER home in the heart of Lanham. This charming Colonial was purchased by the current owners in 1972 and maintained for the past 54 years! It offers a wealth of possibilities and features not usually found at this price range including 4 bedrooms and 2 full baths on the upper level, a primary bedroom with en-suite bath and walk-in closet, beautiful oak hardwood floors on the main and upper levels and a cozy family room with brick accent wall, wood-burning fireplace and exposed beams, and a nearly new roof (2023). The large basement has tons of space for future renovations/improvements, a workshop or storage. The semi-private terraced backyard is a gardener's paradise or the perfect place to unwind after a long day. There are also many mature trees on the generous-sized lot. The single car garage has additional space for yard tools and storage. Conveniently located near Nasa Goddard, I-495, University Blvd/Greenbelt Road, the Baltimore-Washington Parkway and US-50. Homes like this in the Woodlark neighborhood rarely become available so don't miss out on your chance to see it and own it.

ACTIVE

  • Price
  • $ 489,900
  • City
  • Lanham
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • PRINCE GEORGES
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.19 Acres
  • Zip
  • 20706
  • Sqr Footage
  • 1,980
  • Year Built
  • 1972
  • Taxes
  • $ 6564
  • Style
  • Colonial
  • MLS#
  • MDPG2217886
Listed By: John R Young with RE/MAX Excellence Realty - 3014455900;
Data Source: Bright MLS

Features

General

Living Area 1980
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Roof Architectural Shingle,Asphalt
Appliances Dishwasher,Disposal,Dryer - Electric,Dryer - Front Loading,Exhaust Fan,Humidifier,Oven/Range - Gas,Range Hood,Refrigerator,Washer,Water Heater
Zoning RSF95
Garage Spaces 1.00
Patio/Porch Features Patio(s),Porch(es)
Architectural Style Colonial
Construction Materials Frame
School District PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Year Built 1972
Levels 3
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County PRINCE GEORGES
New Construction No
Property Type Residential
HOA No
Subdivision Name WOODLARK
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 2
Status ACTIVE
Directions From Beltway (I-495): Take exit 22A for Baltimore/Washington Parkway toward Baltimore. In 0.6 miles,take the MD-193 E exit. Use the left 2 lanes to turn left onto MD-193 E/Greenbelt Rd. In 1.2 miles,
City LANHAM
Senior Community Y/N No
Lot Size Units Square Feet
Lot Size Square Feet 8415.00
Tax Assessed Value 472533.0
Tax Annual Amount 6564.0
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 247.42
Vacation Rental Y/N No
Total SQFT 2964
Standard Status Active
Year Built Source Assessor
Legal Subdivision WOODLARK
Tax Lot 7

Interior Features

Interior Amenities Attic,Carpet,Bathroom - Walk-In Shower,Breakfast Area,Chair Railings,Dining Area,Exposed Beams,Family Room Off Kitchen,Floor Plan - Traditional,Formal/Separate Dining Room,Kitchen - Country,Kitchen -
Heating Fuel Natural Gas
Basement Daylight,Partial,Connecting Stairway,Full,Space For Rooms,Water Proofing System
Flooring Hardwood,Vinyl,Carpet
Total Fireplaces 1
Fireplace Features Brick,Fireplace - Glass Doors,Insert,Wood
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Window Features Double Hung,Wood Frame
Fireplace Y/N Yes
Above Grade Finished Area 1980
Half Baths 1
Central Air Y/N Yes
Total Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Laundry Type Main Floor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT 984
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 4
Bedrooms Count Upper Level 1 4
Bathrooms Half Main Level 1
Bathrooms Full Upper Level 1 2
Bathrooms Full All Upper Levels 2
Bathrooms Count Upper Level 1 2.00
Bathrooms Count All Upper Levels 2
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Pool No Pool
Parking Features Concrete Driveway
Water Source Public
Total Parking Spaces 1
Garage Features Garage - Front Entry,Garage Door Opener,Inside Access
Type of Parking Attached Garage
Foundation Details Slab
Water View Y/N No
Lot Size Acres 0.19
Lot Size Source Assessor
Waterfront Y/N No
Door Features Double Entry
Land Assessed Value 125800.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Attached Garage Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Owings Mills, MD office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Magnolia Elementary School
Middle School Greenbelt Middle School
High School Eleanor Roosevelt High School

Price History

9/9/2026 Listed $489,900

Property vs Zip Code Average in 20706

Price
AVG $540K
$490K
Taxes
AVG $5,896
$6,564
Year Built
AVG 1976
1972
Visits
AVG 524
153
Data Provided by Inside Real Estate®

Areas That We Cover

8402 Margo Road Lanham, MD is a Single Family Home for sale at $489900 with 1980 sqft and a lot size of 0.19 Acres Acre(s). 8402 Margo Road Lanham has 4 bedrooms, 2 baths and was built in 1972. The property's zip code is 20706 which is in Lanham, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.